Financial

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Financial

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L'Oréal USA Settles FTC Charges

According to the complaint, the firm made false and unsubstantiated claims about its Génifique and Youth Code products in national advertising campaigns.

Elizabeth Arden Unveils Restructuring Plan

The plan calls for reducing head count; exiting underperforming businesses; discontinuing certain products, and shuttering the Puerto Rico affiliate.

Avon Eliminates 600 Positions

The cutbacks are principally in the company's corporate organization and North American business unit.

Emerging Markets, Productivity Key at Deutsche Bank Conference

Unilever’s Jean-Marc Huet and Procter & Gamble's Jon Moeller were among Wednesday's speakers in Paris.

NYX Cosmetics, L'Oreal Said Nearing Buyout Deal

The indie mass-market color cosmetics brand is close to finalizing a deal with the beauty giant L'Oreal.

Inter Parfums SA to Grant Bonus Shares

The company will issue a free allotment starting June 23 to thank its shareholders.

Coty Buys Back Shares

Coty said the purchase is part of the firm’s share repurchase strategy.

TSG Consumer Partners Sells Stake in Perricone MD

The private equity fund has sold its stake in the clinical skin care brand to Lion Capital.

Henkel to Buy Three U.S. Hair Brands

The acquisition of SexyHair, Alterna and Kenra is aimed to strengthen the company’s stateside portfolio.

Nestlé to Acquire Dermatology Assets for $1.4 Billion

The Swiss giant is buying the rights to commercialize some products from Valeant Pharmaceuticals International in the U.S. and Canada.

Estée Lauder Cos. Ltd. Expanding in London

Brand sets new U.K. headquarters in Fitzrovia.

Jumei Prices Shares

The company plans to go public today.

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